SHIPPING: Asia-US container rates flat to higher as capacity reduction offers support
LONDON : Rates for shipping containers were stable to higher this week as carriers have reduced capacity by 4-5% along the trade route amid efforts to stop the slide in prices, but capacity could
EICI Releases White Paper to Guide Seamless Integration of ECCS into India’s New Customs Integrated System
DELHI / MUMBAI : The Express Industry Council of India (EICI), the apex industry association representing leading international and domestic express companies in India, has released an insightful White Paper in association with the Bureau
FIEO appoints new Regional Chairman (Eastern Region)
NEW DELHI : Mr Bimal Bengani, Director, Bengani Commodities Pvt. Ltd. and Founder of the Bengani Group, has been appointed as the Regional Chairman (Eastern Region), FIEO – Federation of Indian Export Organisations by
Shippers unlikely to return quickly to Red Sea after ceasefire
NEW YORK : Major shipping companies are likely to take their time before fully resuming transits through the Red Sea, waiting to see if a ceasefire announced May 6 results in an end to
India-Pakistan conflict disrupts regional trade and shipping operations
MUMBAI : Heightened tensions between India and Pakistan have begun to significantly disrupt regional trade, as major global shipping lines suspend services to Karachi Port and reroute cargo to alternative ports. Exporters and logistics
If they do put it in, we will retaliate : Piyush Goyal on EU’s carbon tax imposition
NEW DELHI : Union Commerce and Industry Minister Shri Piyush Goyal firmly asserted that India will impose retaliatory tariffs if the European Union proceeds with its plan to implement a carbon tax on Indian products.
Wan Hai Lines debuts New Vietnam–Thailand–India Direct Route with Grand Launch Ceremony
CHENNAI: Wan Hai Lines new direct service, the Tamil Nadu–Thailand Express (TTX service), arrived at Chennai and Visakhapatnam Ports in India on May 5 and 6. To mark this milestone, Wan Hai’s India and
Gujarat maintains lead in India’s Chemical Exports
DAHEJ : According to the latest data from CHEMEXCIL, Gujarat has once again emerged as the leading state in India’s chemical export market. In FY 2024–25, the state contributed a significant 46.16% of the
